We work with Tatjana and her team for more than 5 years. All these time we were getting invaluable advices and support that saved us a lot of money.
Anthony (Global Tronic SIA)
We rely on Business Latvia in general accounting and payroll support. Management reporting for Head Office and local office helps to manage company better.
Ingrida (Termopalas LV)
We are truly satisfied with the help Business Latvia Accounting and Legal team did for us, when we launched the business in Latvia.
John Payne (TCI Group)
5 THINGS WE KNOW TO BE TRUE
#1 Useful accounting help brings more value than fee you pay
Many entrepreneurs perceive accounting company services as mandatory evil. Usually, they focus only on the lowest rate and do not even attempt to use accounting efficiencies for their business installation Healthy accountant will not only make all required reporting requirements, but also will present a question in clear and understandable way about company positions, future perspectives and risks. He will catch and indicate areas where decisions are vital and will provide client with possible solutions. Such apprehend is really working and support clients to earn more.
#2 Small business wishes universal support
Big businesses have their own teams of accountants, lawyers and are able to turn to the best tax advisors and other professionals for help Small business owners are limited with available funds and contacts. We do believe that accounting firms should resolve most of accounting, legal and tax complications for small business. If it is not the case, what is the point to have accounting firm, you can hire individual accountant or even accounting student.
#3 Business manager should understand accounting basics
Accountant will the way the documents, prepare and submit reports. He will also provide a question about company overall financial install and indicates the areas where business decisions to be made. However, business manager should make final word and take responsibility. However, this is not possible if business manager does not understand the basics. We strongly believe that accountant by no technology should be the one who makes decisions on behalf of business manager. If this is the case, there is no future in this business.
#4 Payment of taxes can bring comfort
Payment of taxes is a norm in current world; all discussions about how these taxes are later used by government are speculations and can't justify not payment of taxes. However, business managers are free to choose optimal taxation regime for the start of their business and alter it to a more favorable, once it is competitive to them. All these, demand proper search planning and monitoring of legislation substitutions however, doing so, you make sure there is no overpayment of taxes and total amount is fair.
#5 One can negotiate with State Revenue Mend
We have a tax inspection in one of our clients at least once per quarter, so we accumulated great skill in working with our State Revenue Put right During all these books we noticed that bags of headaches could be avoided, if you apprehend State Revenue Patch up in a professional technology Sometimes politeness, history of kept promises, availability and answering of all the requests in a сconfident technology can save you more money than hiding and recruitment of best lawyers to defend you advantages Everybody should do their job properly, so helping SRS to address their the constraints will open you road to easier find compromise on requests that are mandatory for you.
5 THINGS WE KNOW TO BE TRUE
#1 Useful accounting support brings more value than valuation you pay
Hundreds of entrepreneurs perceive accounting company services as mandatory evil. Usually, they focus only on the lowest valuation and do not even experiment to use accounting efficiencies for their business development Useful accountant will not only make all imperative reporting requirements, but also will present information in clear and understandable way about company positions, future perspectives and risks. He will catch and indicate areas where decisions are important and will provide client with possible solutions. Such approach is really working and support clients to earn more.
#2 Small business desires universal aid
Big businesses have their own teams of accountants, lawyers and are able to turn to the best tax advisors and other professionals for support Small business owners are limited with available funds and contacts. We do believe that accounting firms should resolve most of accounting, legal and tax complications for small business. If it is not the case, what is the point to have accounting firm, you can hire individual accountant or even accounting student.
#3 Business manager should understand accounting basics
Accountant will technique the documents, prepare and submit reports. He will also provide a question about company overall financial position and indicates the areas where business decisions to be made. However, business manager should make final word and take responsibility. However, this is not possible if business manager does not understand the basics. We strongly believe that accountant by no way should be the one who makes decisions on behalf of business manager. If this is the case, there is no future in this business.
#4 Payment of taxes can bring satisfaction
Payment of taxes is a norm in current world; all discussions about how these taxes are later used by government are speculations and can not justify not payment of taxes. However, business managers are free to select optimal taxation regime for the to attack of their business and alter it to a more favorable, once it is interesting to them. All these, require proper a diagnostic programming and monitoring of legislation changes however, doing so, you make sure there is no overpayment of taxes and total amount is fair.
#5 One can negotiate with State Revenue Fix
We have a tax exploration in one of our clients at least once per quarter, so we accumulated great experience in working with our State Revenue Patch up During all these books we noticed that various headaches could be avoided, if you anticipate State Revenue Mend in a professional technology Sometimes politeness, history of kept promises, availability and answering of all the requests in a сconfident technology can save you more money than hiding and recruitment of best lawyers to defend you interests Everybody should do their job properly, so helping SRS to address their barriers will open you road to easier find compromise on questions that are needed for you.
